Global Markets React to Alibaba’s $3.2 Billion Offering, FDA Infant Monitor Warning, and Major UK Tech Investments

Key TakeawaysAlibaba Group (BABA) successfully completed a $3.2 billion Zero Coupon Convertible Senior Notes offering, with proceeds earmarked for bolstering cloud infrastructure and international commerce.The FDA issued a strong warning against unauthorized infant monitors for vital signs, stating there's no evidence these devices prevent Sudden Infant Death Syndrome (SIDS).US tech giants pledged £31 billion in new investments in Britain, including a £22 billion commitment from Microsoft (MSFT), coinciding ...